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Global chip market to grow by 0.3% in 2016: SEMI

Posted: 28 Mar 2016     Print Version  Bookmark and Share

Keywords:semiconductors  semicon forcasts  semicon industry 

The global semiconductor market is expected to grow by 0.3% in 2016 to reach a value of ₹23.04 lakh crore ($341 billion), and according to industry association SEMI, the European region will see its part of that market contract by 1.6%.

SEMI referenced another industry body, the Semiconductor Industry Association (SIA), as source of its numbers and also presented a breakdown of 2015 semiconductor sales showing the significance of different categories of chips including DRAMs, Flash, MPUs, MCUs, analog ICs, discretes, optoelectronics and sensors.

In forecasting 2016 as a growth year for the semiconductor industry, SEMI and the SIA are in disagreement with Semico Research and Trendforce, two market research firms that have 2016 slated as a negative growth year. In calling the negative growth Semico is in agreement on this with another market watcher, TrendForce.

2015 data

Figure 1: The breakdown of 2015 semiconductor sales of different categories of chips. (Source: Semiconductor Industry Association)

According to SEMI and SIA optoelectronics was the fastest growing segment in 2015, increasing 11.3%. Other product segments that posted increased sales in 2015 include sensors and actuators, which reached ₹59,459 crore ($8.8 billion) in sales for a 3.7% annual increase, NAND flash memory (₹1.95 lakh crore or $28.8 billion for a 2.2% increase), and analogue (₹3.05 lakh crore or $45.2 billion for a 1.9% increase).

The growth leaders in 2016 are forecast to be sensors at 3.6%, micro-ICs at 3.6 percent, logic at 3.5 percent and optoelectronics at 3.2%. The market laggards in 2016 are forecast to be memory (-7.9%) and discrete semiconductors (-2.7%).

-Peter Clarke,
EE Times

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